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African Metals Corporation Announces Results of Annual General Meeting
(TheNewswire) FOR IMMEDIATE RELEASE: TORONTO, Ontario – TheNewswire – Mar...
About this update from Afr Nuventure Resources Inc
[{"type":"text","content":"African Metals Corporation Announces Results of Annual General Meeting\n \n \n (TheNewswire)\n \n \n FOR IMMEDIATE RELEASE: TORONTO, Ontario – TheNewswire – March 17,\n2021 – African Metals Corporation (NEX: AFR.H) (“\n \n African Metals\n \n ” or the “\n \n Company\n \n ”) is pleased to announce\nthat shareholders overwhelmingly approved all items presented at its\nannual and special meeting of shareholders held on March 17, 2021.\n \n \n \n \n \n The following resolutions were passed by no less than 99.8% of the\nvotes cast in favour of management’s proposals:\n \n \n \n \n - Davidson & Company LLP, Chartered Professional Accountants\n \n were\n \n re-appointed as the auditor until the next annual\ngeneral meeting and the directors were authorized to fix the\nremuneration of the auditor;\n \n \n - The number of directors of the company was fixed at three;\n \n \n \n - t\n \n he three persons nominated\nwere elected as directors of the company, namely, David V. Mason, John\nF. O’Donnell, and Simeon Tshisangama\n \n ;\n \n \n and\n \n \n \n \n \n \n \n \n \n \n \n - the resolution to approve the amended stock option plan of the\ncompany has been carried.\n \n \n \n \n \n The plan is a 10% rolling stock option plan meaning\nthat the number of listed shares reserved for issuance under the plan\nis 10% of the issued and outstanding shares at the time of the grant\nof options. There are currently 14,038,681 shares of the Company\nissued and outstand meaning that 1,403,868 shares could be reserved\nfor issuance. There are currently no outstanding stock options and,\nthus, no shares reserved for issuance under the plan. The amended\nstock option plan remains subject to approval of the TSXV.\n \n \n \n For more information on the Company, investors should review the\nCompany's filings on SEDAR at\n \n www.sedar.com\n \n .\n \n \n \n Neither TSX Venture Exchange nor its\nRegulation Services Provider (as that term is defined in policies of\nthe TSX Venture Exchange) accepts responsibility for the adequacy or\naccuracy of this release\n \n .\n \n \n \n About African Metals\n \n \n \n The common shares of the Company are listed on the NEX Board\n(“NEX”) of the TSX Venture Exchange (“TSXV”). The Company has\napplied to the TSXV to transfer its lis...